wheat prices

The main alterations on the U.S. balance sheet for wheat come thanks to changes in trade. "We reduced our import forecast by 10 million bushels; reflecting a slow pace of imports.  This is almost entirely hard red spring and Durham wheat coming from Canada, but supplies in Canada are also very tight," World Ag Outlook Board Chair Mark Jekanowski said the latest USDA forecast also reduced

When the USDA released its January crop production report, one of the statistics that made USDA Chief Economist Seth Meyer sit up and take note, was the large increase in planted winter wheat acres. “Second year in a row that we’ve seen increasing wheat acres over a long-term decline.  Have we b ...

Some potential good news for U.S. wheat growers. "After five years of wheat supplies exceeding demand, we've hit a year where the opposite is now true on a global level." And that, according to USDA Chief Economist Seth Meyer, is a recipe for decent prices for wheat ...

The USDA is out with the latest import and export numbers when it comes to wheat supply and demand. "With wheat this time of year, we're really, mostly attracting trade data, export/import data as it continues to come in," noted USDA World Agricultural Outlook Board Chair, Mark Jekanowski ...

If you have wheat to sell, then for you are sitting in a good position. USDA Outlook Board Chairman Mark Jekanowski said futures prices, of course, for wheat, certainly remarkable. "Across all the classes, soft red winter, hard red winter, spring wheat; there all at 10 year highs, or more than 10 years ...

What changes were made to the WASDE report when it comes to wheat? "Mainly incorporating changes from the September 30th small grains summary report where it showed reduced production by about 51 million bushels relative to what we had been expecting ...

Ahead of the latest USDA Supply and Demand forecast for wheat, many private analysts thought maybe USDA would reduce its previous forecast for ending stocks of wheat, or maybe up the forecast a bitHowever, "we didn't change any of the supply or demand components," said USDA Outlook Board Chairman Mark Jekanowski... Read More ...

Given the strong prices reported as of recent, there is a lot of speculation of what's going to happen to wheat acreage in the upcoming season.Last year's average wheat price was $4.59 a bushel. Last week, prices were well over $6.00. Last year U ... Read More ...

For the past couple of years, the USDA has reported fewer and fewer wheat acres planted nationwide. Much of the reduction is blamed on low wheat prices. In 2020 all-wheat acreage hit 44.3 million acres, the lowest on record in over 100 years ...

American wheat growers continue to see prices above last season, but will that continue much longer? USDA's Outlook Board Chairman, Mark Jekanowski,  said one source of higher prices is lower projected wheat stock.  "Stocks are getting, you know, for wheat, relatively tight. There's ...